A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Discover Financial Services
Our trading algorithm values Discover Financial Services (DFS) to be overvalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | overvalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $94.09 |
| 60 Day Prediction | $89.83 |
| 60 Day Pred - Lower Bound | $83.62 |
| 60 Day Pred - Upper Bound | $95.99 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.009 * nr_days_in_the_future + 89.561
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
DFS traded at $94.09 this Friday October 14th, gaining since last week.
Looking back, over the last month, DFS has been loosing $-8.08 or -8.587524865064557 percent.
Over the last year, it has been loosing $-37.08 or -39.409079896118925 percent.
Seasonality of Discover Financial Services
Using our AI model, we have been analyzing the value change for Discover Financial Services depending on the day or month of a year. This can be seen in the following graph:
